Regi$tratiott Chatity No. 301UI (Ettgiand and Wales) WICKFORD COMMUNITY ASSOCIATION ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
WICKFORD COMMUNITY ASSOCIATION ASSOCLATION INFORMATION HonotAry Officers Don Mottis Ichaiiman) ChxL5 Adatns (Hon. Secretary) Alex Myers cfreasurer) Kevio ttlajor IVice.Chat1ll) - Resigned Registered Chatity Numbet 301241 IrAdepettdent Examiner Berkeley Townsend Chartetcd Accountants Hunter House 150 Huttron Road Shenfield Essex CM15 8NL PriDcipo1 Office Address The Nevendon Centre Nevendon Road Wickford Essex SS12 OQG
WICKFORD COMMUNITY ASSOCIATION cowrENTS PAge Report oEthe Manageent Cotnmittee Independent Exatniners, report St*tEment of financial activities Balance Sheet Notes to the accounts
WICKFORD COMMUNITY ASSOCIATION REPORT OF THE MANAGEMENT COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 The N12nagemeot Committee ptesent their aonual report with tke fiD2ncial statement$ of WickfoEd CotnTnuni Assocsauort (the Association) For the year ended 31 Trlarch ?025. and confm they cOpIY uryth the duty in Section 1715) of the 2011 Chatitic3 Act to have due regard to guidance published by the Chatity Commissic>o. rRucfuRE, GOVERNANCE AND MANAGEMENT The.IIinagement Ctiallnit¢¢ ate appoioted by vote of the D]ethbet8 at the Annual GenerAI fvfeeting. Th¢ Nlana8etnent Cotnmittee consist of the HoAornry OFfrers and t¢prt8entatives of full member8 and relevgnt groups. The DtganisationAI Strnctwe of the Association 15 one in which the NIanagerncnt CotxJm(ttee mak¢ the deei5ions, which are then executed by the Honox3ry Officer5. Nletkibcr8 ¢3n appiooch Honotary Officer8 Mith ide2$ Ihat, if nece8sary, be vor¢d on by the hfanagew¢nt CoJntt)ittee. The governing document oEth¢ cl)0rity ÈS the con5tituttorL of th¢ IYJdifotd Coallllunity A550ciatiorL T A5sociauon has uniticotP08xated st2tus. OBJECTIVES AND ACTIVITIES The objects of the AssociAtion are to.. ) ProttK>t¢ the benefit of rhe inhabitant8 of wIord and the Jieighbourhood UYAthout the di8tinctsott oEs¢K, exual orieatauon, nation2Jity, age, dt5abJh"ty, race ot of po]itic2L ye.0U£ ot other opitjitrns by associating together the said iuhabit2nts and the st2tutiiry authoLiti¢6. voluntary othet orwdnisation8 in a cotnmon effoit to advance educatiotx aod to provide f8ciJities in the inte$t8 olthe 80cial weLEare ht r¢creation xnd lei5uie tixne occupauon with the obieet of impro3rytig the conditi1& of life for the said inhabitanis. b) Estsbh"sh ok tts secure the estsblishment ofa Community Centse and to maintaiti and manage the satne (whether alollc oi in co-opetatioo with any statutory authotiry other pei50n or body) in fi)rthetartce of these objects. c) Pronxote su¢h othet chxtitable putpose8 Is may ftom time to time be determined. ACHIEVEMENTS AND PERFORMANCE A of the opextions oEthe Association a18 the financial ye2t aKLd the re8uIt8 of those oKratiOnS gre 2$ foJhw5.' The As80¢iation continues to PEovxde faciliiie5 for the benefit of the iAhabit2nts tsf Wickford and 5utt0Lu1ttg 2tea5 in the ititere$t oEs0¢i wdfare, ¢reall0 aod Icisure. The As4nuation prorrid¢¥ Ats meEnbers acces9 to a diverse r3nge olrecteatiotd aCtieS iticluding bow18, dancin& 5POtts activiry and all..IIL of these aCtiWtiES have cofttinued froth the Pxelao yett xnd pkn to cortiinu¢ for the Ec>rtlLCOtnsng}ear. Thue ts 3150 a bat 2rea 2t the Nevendon Centre for its nettkbe. The bar area ts run by the.18soEiaiioll5 te]2ted party Centr¢ Cafe Ltd. In tddition, there ts an on Bite pre-schooL which AS rua by a thttd patty and ptoduce5 source of incotne for the A550ciatioiL FINANCIAL REVIEW Thc Association has SLS fiJnd8 of £120.935 to eatry fonvard as at 31st hf#rch 2025 (2024- n18,9641. These reseLves ate to be used for futtwc £Lmd 1?is8 activities and contiAgenckes that may Aiise. The pobcy fot holdlljg reseffts i¥ to ets5ure sufficiettt cover Eor £uttwe expenditure of at least two titnes annu expenditure. The co*id pzndcmic atsd thc incre85ed cost of living continue to neg3tively impact the acUtieS of thr.4550aauD The marJa8ernent cojwwttee have consideted the viability olthe ch#tity in xclation to its going concern. The management committee feeL that, haling reviewed the monthly man#gett]ent gccourArs since hlarch 2015 2nd by ptepating cashfjow forectst8 th31 at the date of SI]g the accounts, rhe As50ciatioa has suffiaent xe5eLYcs 10 tottiinue as a going ct)ncetfL
WICKFORD COMMUNITY ASSOCIATION REPORT OF THE MANAGEMENT COMMITTEE FOR THE YEAR EI¥DED 31 MARCH 2025 RELATED PARTY The AssoEyatiDn ha$ a re]2¢¢d parry iti Centte Cafe Lt<t a cotnpllny whi¢h teceives irLcome fron] opetatinB 2 bar and from gatlljx machines located on the pxemi8e5. Please xefer to note 7 An thL' account$. Cetstre Cafe Ltd ha5 also louod xt diffiudt to tecover the p4rndemic and is sh£nFiag a deficit Posltion on its bal%nc¢ sheet at the reporting )eat end date. The AsBo¢iauon is workin8 dusdy uryth the related pary and reewS monthly rnatt2getnen12ccourits of Centte Cafe Lt(L It believes the Company 5tllL his 2 able bulAC48 and 85 such llll continue to finxxcially Support the business. The As8ociation 0180 has a rekted p¥rty in WC4 Ptoperry LiEniteiL Thete were no ttansaCtion¥ between the Association #SLd this cotnpAtLy dutin8 the ye. WQ4 Propetty Limited holds the lease of the preiSe oa behalf of the As¥ociation. STATEMENT OF MANAGEMENf COMMrrTEES RESPONSIBILITIES The law app]icable to chitieS in Englajkd and Wale$ requirts the MonAgement COmlttee to prepare financial statemthts for each year which give an 2ecur2te vtew of thc state of aFFairs of (he chatity and oFthe incojning resouEce8 2nd app]xc2tion of resource5 ofthe ¢h8tiry fot that period. In prep2titi% the fjnanEiAI siatemcnts, the lanagemcnt Cottjrnittee is tequired to.. $decl suAt2ble accounting policie8 and then apply rhem con$istently' obsenE the m¢thod5 and priiiciple. cotntyxended by the Chatities Cornmission make judgetsknt5 ond estimates that Are reasot)able and prndetst st?te wheth# appltCAble Èecountu¥ stsndards hav¢ been followe4 subiect to any mAtetial dep#rtures disclosed and elaIned in the fjnancial staiemenE8' ptepate the financial statements on the going ¢oncetn basis urtkss It is inRppropJiate to presume that the chAtiry continue iti business. Th¢ Thlanagement ComDJitLee is re5ponsthle for keeping ptoper accounting rccotds that disdose TrRoth reasonable atcuraq 2t arty time the finanugj Position of the ch2rity and to enxblL' them to en3ur¢ that the Fthancial statenients comply with the Charitie5 Act ?011. and the pro%105 of the tLWt deed, They are d$0 £e5ponsible foi 52fc8Uoing the assets ofthe chorlty 2nd h¢ace taking reasonable steps For the preyentiou and detection of ftad and othet irre8th'tses. ehal o£tb¢ tnanagement Co on Nlottig (Ch¥]rn) (Hon. se¢tary) 9 October 2025
WtCKFORD COMMUNITY ASSOCIATION CHARITY NO.301241 INDEPENDENT EXAMINERS, REPORT TO THE MANAGEMENT COMMITTEE report to the m2nagemfflt cominittee on my examination OE the account5 of the WickEord ConYnunitS' Association for the year ended ended 31 March 2025 sct out on pages 4 tD 8 Respon$ibi]itie8 2nd basi8 of repott As the cliariry management commtttee, you ate responsible Eor the pteparation og the accounts An accordance ith the requirements OE the Charities Act 2011 ("the Act,?, I report in Ie8pect olmy examinarion of the chatity's accounts carried out under sectton 145 OE rhe 2011 Act and in cartiryng out my examination, I have Eollowed the applicable Dittctions Ven by the Chatiti, ComtaiSSLon uttder 5ecuon 145{5lQ>) of the ACL Independent Examinet's Staiemetst I have completed my exAmination. I confimi that no material mattexs h*ire comt to my attention in ¢x>nnectson th the examiJJation wluch gives me cause to beiieve that in, any matetial resptct.. - accountllig Iecords were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accountin8 records. I h2Ne nu concerns and have come auoss no other matters An connection with the eKamination to which ation should be drawn in QEder to enabk 2 proper undetsr2nding oFthe accounts to be re2ched. D J Aqulno FCA FC Berkeley Town$end Chartered Accountants Hunter House ISO Hutton Road Shtnfidd E55ex CM15 8NL Date,. 9 octob 2025
WICKFORD COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Incoming Resout¢eB Ch?rirable activities Generated fijnds Other incoming rc80urces 154,914 24,845 6.000 131,061 24,190 6,000 Totsl incomitig re8OUtees 185,759 161,251 Resoutces expended Costs Ofgenetatll fuads Govetnance costs {17",,9381 {5,850) (188,ffj161 15,8401 Total tesoutces expended {183,788) {194,?661 Net movemeot In funds for the yeat 1,971 133,015)
WICKFORD COMMUNITY ASSOCIATION BAIANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Fixed a88etg Tangsble 2$sets 9,403 11.797 Cuttent #58ets Debtor5 C15h at bank artd in hand 110,235 7,211 10? 136 11,527 117,446 Creditots; amouttt8 fallAng due within one year 113,663 15,914) (6,4?0) Net cuir¢ot a$8ets 111,53? Total a8Bets less cuttent liabilitie$ 120,935 118.964 Fund of the eharity Unrestriccd Ew]d5 120,935 118,964 Total funds 190,935 118,964 These FJnanci21 8tatetnents have been reviewed by d]e Management Committee and ate agreed s5 bein8 in accordance ryth the source documents. Appioved by the Cotijmittee fot issue on 9 October 2025 Don Moriis (Chgirnun) Chtis Ad s (Hon. Secretsry) Chatity Registtatiott No. 301241
WICKFORD COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Aecounllng policies Ll Aceouttthg conventlon Tht Finaociai statetnents are prep&ted undex the bL5tollcal cosr convention and in accordance wirli the Chatitie5 Act 2011. The accounts have been prepared on a ceIptS Ind piyments b1515 as the IXAckford Community A5sociatiott is a non-company and ha5 gtoss income of less than £250,000 dutiA8 the [ancIal 1.2 Tutnover Incomiag ttsources in respect of provision of wds or Bervices are accourLted Eor when received. 1,3 Tmgible ed asset8 and depreclatlon TInble fJx¢d asscts other than freehold land are ?tated at C05t less dtpreciatiDn. Depreciauon is provided at X2tes calculated to write of¥ the cos¢ kss esiimaied residual value of each asset over it5 expected useFut lrfe, as follows.. Rcfutbtshment Fixtures, fittings & equipment 33.330/tr reducing ba]ance per annutn 25fj/o tedu(ing bgjance per 2nnum 1.4 Taxatioo The Association ts exempt from Corporation Tax by OE it being a Registered Chatifj in EngLd and W21e$.
WICKFORD COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Tangible fixed assets RefLTrbISllle nt Plant and machinery etc Total C08t At l Aptil 2024 Adth'tigns 24,813 25,946 1,171 50,759 1,171 At 31 Mch 202S 4,813 51,930 Depteciation At l April 2024 Chaige for tFLe year 18,040 2,257 20,991 1,239 39,031 3,496 At 31 March 2025 2D,297 22,230 42,5?7 Net book value At 31 March 2025 4,516 4,887 9,403 At 31 Match 2024 6,77• 4.955 DebtOf8 2025 2024 Amounts owed by te]ated patty oth debtot5 106,290 3,939 94,-89 7,347 10? 136 CteditOf6'. amounts falling due wlthln one year 2025 2024 Taxation artd SOCI security oth cteditors 2,326 3,588 2,70? 3.724 5,914 6,426
WICKFORD COMMUNITY ASSOCIATION OTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE TrEAR ENDED 31 MARCH 2025 Utyestsicted fiLnds Funds Total fid5 brought forwaryl Ne¢ iftcomirig resoutces for the period 118,964 1,971 Totsl fiinds Catt fornrdrd 120,935 Trustee expeoBes Expenses incurred by the trustees fot gCner business 2dministr2tion cost5 lte 1MbUt5¢d. These cxpcnses toral £615 for the yegr ended 31 March 202512024_ £nil) and two trustee w¢ involveiL Related patty trattsactiotts Durin8 the year the chariry teceived £6,000 as tent81 income (£6,000 - 2044) and £4,7?5 for tlie cost of hall lllte (£nil- 2024) (rom a ated paty Centre Cafe Ltd, a company under conttol. At the end of the reporting end date Centre Cafe Ltd owed the chariry £106,2961£94,789_ 20fjA)